Quantum Pays Off Remaining $57 Million of November 2017 Convertible Notes

SAN JOSE, Calif., Nov. 16, 2017 /PRNewswire/ — Quantum Corp. (NYSE: QTM) today announced that it has fully repaid the $57 million in outstanding principal and accrued interest on its November 2017 convertible notes. The company used loan proceeds from its credit facilities with TCW Direct Lending and PNC Bank to make the payment.

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